Exchange Ranking
Top Exchanges
24h Volume Ranking
Popularity Ranking
Exchange BTC Balance
Proof of Reserves
Decentralized Exchanges
Funding Rate
Funding Heatmap
Liquidation Data
Max Pain
Long/Short Ratio
Whale L/S Ratio
Binance/Okex/Huobi L/S
Bitfinex Margin L/S
ETF Tracker
Solana ETF
XRP ETF
Hong Kong ETF
Bitcoin Treasuries
Crypto Reversal
Ethereum Reserves
HyperLiquid Wallet Analysis
Hyperliquid Whale Watch
Large Transactions
On-chain Movement
Bitcoin ROI
Stablecoin Market Cap
Options Analysis
News
Articles
Economic Calendar
Features
Wallet
Contract Calculator
Security
Collections
Watchlist
Following
ETH Key point
Ethereum (ETH) has stagnated around $2500 after a sharp rise. As short-term momentum weakens and macro pressure increases, the support area below has once again become the focus of attention.
ETH is still on a broader recovery track, but has encountered resistance in the US$2400 to US$2520 range several times, increasing the risk of consolidation or correction. The first key support is at $2210 to $2310, and if selling intensifies, the next support is at $2060 to $2140. If it can exceed US$2520, it will weaken the current bearish pattern and reignite the possibility of a continuation of the rise.
Ethereum Support Area
After Ethereum broke through from the bottom area of US$1850 to US$1920, it once touched the supply area of US$2400 to US$2520, but the subsequent upside was weak. Buyers repeatedly tested the area, but failed to push prices higher. On the daily chart,$2210 to $2310 is the first correction range worthy of attention; if the decline deepens, the next support level is around $2060 to $2140. These levels are still above the bottom that started the previous round of gains, so a correction does not necessarily mean that the overall recovery trend has failed.
On the four-hour chart, Ethereum has formed three highs near the same resistance area and fell below the uptrend line formed connecting recent lows. This pattern is similar to the possible "three-drive model" and usually occurs when trend momentum weakens.
Analyst Shayan Markets pointed out that if we can return to the trend line and hold near $2400, it will alleviate short-term downward pressure; and if we effectively break through $2520, it may break the emerging reversal pattern. Prior to this, the downshift support area remains the clearest defensive position for the bulls.
Walsh's interest rate pressure
Federal Reserve Chairman Kevin Walsh added macro-level negative factors at the Jackson Hole meeting. He said that inflation is still too high and if progress towards the 2% target stagnates, policies may need to remain restrictive or even be further tightened. Markets interpreted the comment as a hawkish signal, which could make a quick breakthrough for Ethereum more difficult as risky assets absorb expectations that interest rates will remain high.
In addition, spot order size data shows that there have not been a large number of whale level concentrated transactions in the near future. The lack of clear confidence by large players further confirms that the market may present a volatile pattern rather than an immediate directional breakthrough.
After Ethereum rebounded from the bottom of US$1850 to US$1920, it pulled almost vertically closer to US$2500, thus touching the current resistance area. This rapid rise has led to a lack of sufficient consolidation foundation below, so the $2210 to $2310 region will become an important test of whether the rebound can build a more solid bottom.
